La. Code Civ. Proc. art. 2377

This is the official text of La. Code Civ. Proc. art. 2377, part of Louisiana’s Code of Civil Procedure — sets the procedural rules for civil lawsuits in Louisiana courts.

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Inferior mortgages; payment; reference to proceeds

Official statutory text

The sheriff shall pay the inferior security interests, mortgages, liens, and privileges, after payment of the costs and the amount due the seizing creditor. When the sum remaining after payment of the costs and the amount due the seizing creditor is insufficient to pay such inferior claims in full, the sheriff may deposit the remainder with the court and proceed by contradictory motion against the inferior creditors to have their claims referred to the proceeds of the sale.

Acts 1989, No. 137, ยง18, eff. Sept. 1, 1989.

Status: in_force · Read it on the official government site

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